SYNNEX Corp. (SNX) reported first quarter EPS of $0.88 after the bell Wednesday, down from $1.02 in the prior year period. The consensus estimate was for EPS of $0.88. Second quarter EPS is expected to be between $0.78 and $0.82, compared to the consensus estimate of $0.92.
SYNNEX gapped open sharply lower Thursday and fell in early trade, before settling into a range. The stock finished with a loss of 3.88 at $37.00 on above average volume. SYNNEX dropped to a month and a half low and fell below its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.